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Bond, Timothy - 2014

transformation of the utility function will reverse the ranking. We provide several examples and a formal proof. Whether Moving …

Persistent link: https://www.econbiz.de/10013057415

Good Rankings are Bad : Why Reliable Rankings Can Hurt Consumers

Bouton, Laurent - 2015

unbiased informative ranking. The existence of the ranking might affect the welfare of all consumers negatively. With rigid … prices, the ranking induced change in demand can be detrimental to all consumers in markets featuring rationing or … consumption externalities. With perfectly flexible prices, the ranking might increase firms' market power, and hence lead to …

Persistent link: https://www.econbiz.de/10013024517

It's Good to Be First : Order Bias in Reading and Citing NBER Working Papers

Feenberg, Daniel - 2015

, downloaded, and cited over the next two years. Lower ranking on the list leads to fewer views and downloads, but not cites …

Persistent link: https://www.econbiz.de/10013022937

When Does Funding Research by Smaller Firms Bear Fruit? : Evidence from the Sbir Program

Gans, Joshua; Stern, Scott - 2022

This paper evaluates whether the relative concentration of funding for small, research-oriented firms in a small number of high-tech industries is related to the differences across industries in the level of appropriability or capital constraints facing small firms. To do so, we exploit a novel...

Persistent link: https://www.econbiz.de/10013293706

Company Stock Reactions to the 2016 Election Shock : Trump, Taxes and Trade

Wagner, Alexander F. - 2017

The election of Donald J. Trump as the 45th President of the United States of America on 11/8/2016 came as a surprise. Markets responded swiftly and decisively. This note investigates both the initial stock market reaction to the election, and the longer-term reaction through the end of 2016. We...

Persistent link: https://www.econbiz.de/10012963175

Reconciling Models of Diffusion and Innovation : A Theory of the Productivity Distribution and Technology Frontier

Benhabib, Jess - 2017

We study how innovation and technology diffusion interact to endogenously determine the shape of the productivity distribution and generate aggregate growth. We model firms that choose to innovate, adopt technology, or produce with their existing technology. Costly adoption creates a spread...

Persistent link: https://www.econbiz.de/10012964404

Accelerating Energy Innovation : Insights from Multiple Sectors

Henderson, Rebecca - 2015

Re-orienting current energy systems toward a far greater reliance on technologies with low or no carbon dioxide emissions is an immense challenge. At the broadest level the histories presented here are very much consistent with widely held views within the energy innovation policy literature. In...

Persistent link: https://www.econbiz.de/10013038436

Sectoral Solow Residuals

Burnside, Craig; Eichenbaum, Martin S.; Rebelo, Sérgio - 2021

This paper presents capital utilization corrected measures of technology shocks for aggregate and disaggregated (two digit Standard Industrial Classification code) industries. We correct for variations in capital utilization by employing industrial electrical use as a measure of capital...

Persistent link: https://www.econbiz.de/10013223882

Who are the Essential and Frontline Workers?

Blau, Francine D.; Koebe, Josefine; Meyerhofer, Pamela - 2021

Identifying essential and frontline workers and understanding their characteristics is useful for policymakers and researchers in targeting social insurance and safety net policies in response to the COVID-19 crisis and allocating scarce resources like personal protective equipment (PPE) and...

Persistent link: https://www.econbiz.de/10013238723

The Effects of Variable Capital Utilization on the Measurement and Properties of Sectoral Productivity : Some International Evidence

Baxter, Marianne; Farr, Dorsey - 2021

This paper explores how accounting for variations in factor utilization rates alters the empirical characteristics of productivity residuals in the United States and Canada. Using data on 19 manufacturing industries, we study the behavior of productivity using three proxies for capital services....

Persistent link: https://www.econbiz.de/10013244882